Rearing dairy animals especially crossbred is a costly affair. About 65 percent of expense is accounted by the feed cost alone. Rise in the prices of inputs and raw materials has made dairy farming a challenging task. Many of the farmers do not know exactly whether they are incurring profit or loss as they don't maintain records and also dairy is being considered as a subsidiary enterprise, depending on crop and agricultural residues. To make dairying profitable and sustainable, the cost of milk production need to be reduced by judicious use of limited resources without affecting the production and productivity. The price of milk differs according to the agencies involved and the type of customers. Price of milk also affects the level of marketed surplus and disposal pattern. This book explains the different cost components and examines the maintenance cost of milking and milch animals in a traditional dairy farming system.